Beebe Plain Real Estate Lawyer, Vermont

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Fred V. Peet
About | Practice Areas
Law Office of Fred V. Peet
55 Patchen Rd South Burlington, VT 05403» view map
Real Estate Law
Vermont’s Real Estate Law Source

The Law Offices of Fred V. Peet, P.C. concentrates its practice on residential and commercial real estate transactions.

800-960-0161
1. Fred V. Peet South Burlington, VT
  Attorney at Law - VT, 1993
  Vermont Law School J.D. 1993
2. AboutLaw Office of Fred V. Peet
  Vermont’s Real Estate Law Source
3. Practice AreasExpertise
  Real Estate Law
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Sonia E. Dunbar

Divorce & Family Law, Contract, Landlord-Tenant, Collaborative Law

Status: In Good Standing

CONTACT

Craftsbury, VT 05826

David Polow

Foreclosure, Mediation, Personal Injury, Car Accident

Status: In Good Standing

CONTACT

125 Main St, Hyde Park, VT 05655

Harold B. Stevens

Commercial Real Estate, Commercial Leasing, Complex Litigation, Defamation & Slander

Status: In Good Standing Licensed: 49 Years

CONTACT

127 Mountain Rd, Stowe, VT 05672

Jesse M. Goldfine

Corporate, Real Estate Other

Status: In Good Standing Licensed: 23 Years

CONTACT

638 Main St, Stowe, VT 05672

800-923-0641

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LEGAL TERMS

DEMURRER

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbo... (more...)

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbor sued you for parking on the street in front of her house. Your parking habits may annoy your neighbor, but the curb is public property and parking there doesn't cause any harm recognized by the law. After a demurrer is filed, the judge holds a hearing at which both sides can make their arguments about the matter. The judge may dismiss all or part of the lawsuit, or may allow the party who filed the lawsuit to amend its complaint. In some states and in federal court, the term demurrer has been replaced by 'motion to dismiss for failure to state a claim' (called a '12(b)(6) motion' in federal court) or similar term.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

BREACH OF CONTRACT

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our con... (more...)

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our contract by using substandard supplies when he repaired my roof.'

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

LICENSE (OF INVENTION, COPYRIGHT OR TRADEMARK)

A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative wor... (more...)

A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative work without having to manufacture and sell copies yourself. By licensing an invention or work to a company, you get money (often in the form of royalties) in return for allowing the company to use, produce and sell copies of your invention or work in the marketplace.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

Beebe Plain Real Estate Lawyer, Vermont

Sponsored Law Firm

Law Office of Fred V. Peet

SPONSORED LAWYERS

Sonia E. Dunbar

David Polow

Harold B. Stevens

Jesse M. Goldfine

TIPS

LEGAL TERMS

DEMURRER

ADVERSE POSSESSION

DEED IN LIEU (OF FORECLOSURE)

OFFER

APPRAISAL

BREACH OF CONTRACT

SHORT SALE (OF HOUSE)

LICENSE (OF INVENTION, COPYRIGHT OR TRADEMARK)

FORECLOSURE

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